Racing Post is one of the lucky publications that has its niche cornered. Similar to publications with a strong hold on their audience, it has successfully put online subscriptions to good use since the early 2000s. But not all paywalls are created equal, and Racing Post was working with a homemade solution that was no longer cutting the mustard. It decided to revamp its paid content strategy to better serve its consumers, grow subscriber numbers, and collect greater insight into its audience.

Squarespace Raises $38.5 Million in Funding

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Squarespace, a web publishing platform, announced the closure of a $38.5 million minority growth investment, led by Index Ventures and Accel Partners. According to the company, this is the first outside capital raised by the company since its foundation in 2003.

As part of the transaction, Dominique Vidal of Index Ventures will join Squarespace's newly-formed board, along with Andrew Braccia of Accel Partners and Jonathan Klein of Getty Images. Founder Anthony Casalena will remain the company's largest shareholder.